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Where is the Gas/Water Contact and the Elusive Western Fault?

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Where is the Gas/Water Contact and the Elusive Western Fault?
Putncalls Offline
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#21
06-23-2016, 01:15 PM
One of the things that is scary about the deal is that the stock marker values the CVR at 0.
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Stavros Offline
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#22
06-23-2016, 01:20 PM
The E/A JV Partners voted unanimously to Spud A-7 in September 2016.

IOC Shareholders will vote on the Rotten Raw Deal on 28 July 2016; it includes a "CVR" that pays WHO KNOWS HOW MUCH?

IF for some unknown reason, the Rotten Raw Deal is accepted by IOC Shareholders, the remaining JV Partners will be OSH and TOT.

At the moment, there is nothing, I repeat NOTHING, to prevent OSH and TOT from cancelling A-7 one nano-second after the Rotten Raw Deal is accepted!

VOTE NO ON THE DEAL.
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admin Offline
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#23
06-23-2016, 01:21 PM

'Putncalls' pid='72654' datel Wrote:One of the things that is scary about the deal is that the stock marker values the CVR at 0.

Perhaps, yes. If so, it isn't news as I don't think InterOil was fully valued before the deal was public knowledge (although that is not quite comparable, of course), but it could also be the risk of a no vote, in which case the shares will take a hit.

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Stavros Offline
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#24
06-23-2016, 01:28 PM
I disagree Admin.
I don't think the IOC share price will take a hit from a NO DEAL vote.

WHY?

Because Phil Mulacek is a very smart guy and wants to increase the value of his shareholdings.
He wants to stop this Deal so that other parties will immediately step in and announce better Deals.

Do you think he's been sitting at Harry's quaffing a Jug of Cold Ones while waiting for 28 July to roll around?
I think he's lining up NO Votes and lining up Replacement Deals.

http://harrys.com.sg/find-us
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#25
06-23-2016, 01:36 PM

'Stavros' pid='72657' datel Wrote:I disagree Admin. I don't think the IOC share price will take a hit from a NO DEAL vote. WHY? Because Phil Mulacek is a very smart guy and wants to increase the value of his shareholdings. He wants to stop this Deal so that other parties will immediately step in and announce better Deals. Do you think he's been sitting at Harry's quaffing a Jug of Cold Ones while waiting for 28 July to roll around? I think he's lining up NO Votes and lining up Replacement Deals. http://harrys.com.sg/find-us

Well, that would be good news and you have more insight into his movements than I do. I was merely refering to the general principle that take-over targets usually surge on the news and fall if the deal doesn't materialize.

But you're right, a no vote isn't necessarily the end of it.

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